28838 163rd Avenue, Lamoni, IA 50140
Decatur County
Key Facts
Description
Exceptional opportunity to own a fully operational, turn-key welding and fabrication business in Lamoni. This well-established shop offers over 3,200 square feet of fully equipped workspace and is ready for immediate operation. The facility includes five complete welding setups featuring trusted Lincoln Electric and Miller Electric equipment, along with approximately $50,000 in welding supplies and inventory. The building is equipped with an AirVac ventilation system and a Shenandoah furnace, providing a safe, efficient, and comfortable working environment year-round. The building also includes a dedicated office space and restroom facilities, making it fully functional for both day-to-day operations and administrative use. A key advantage of this opportunity is the inclusion of current, ongoing work that can be transferred directly to the new owner, allowing for immediate income from day one. The seller is also willing to offer financing to qualified buyers, providing added flexibility for acquisition. Additional assets included in the sale are: 2002 CAT 246 skid steer Skid steer attachments including a brush cutter and post hole digger Farmall 460 tractor 2007 SkyTrak telehandler 2001 Ford F-350 Power Stroke Multiple flatbed trailers Various additional tools, equipment, and shop essentials
Property Information
Property Type
Commercial Sale
Living Area
3,240 sq ft
Lot Size
0.50 acres
Zoning
C
Days on Market
41
MLS® Listing#
741250
Property Features
Cooling
Heating
Construction
Roof
Utilities
Water Source
Financial Details
HOA
None
Annual Taxes
$926
Parcel Number
1406300017
Directions
Take Exit 4 head west towards Lamoni, then turn North on 163rd Avenue for .15 of a mile, shop will be on the east side of the road – see signs.
Affordability Calculator
$170,000
Estimated monthly payment
$4,524/mo
Principal $680,000 · Est. interest $948,661 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lamoni, IA
- 107
- Median Days on Market
- 1,817
- Median Sq Ft
- $64
- Median Price / Sq Ft
- 4
- Active Listings
- Its price per sq ft is 310% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lamoni, IA.
Location
Points of Interest in Lamoni, IA
Showing the Lamoni area map.
Nearby Schools
Lamoni High School
Secondary · 2.1 mi away
Lamoni Elementary School
Elementary · 2.1 mi away
South Elementary School
Elementary · 10.9 mi away
North Elementary School
Elementary · 11.6 mi away
North Harrison
Secondary · 11.7 mi away
Early Head Start Building Blocks
School · 11.7 mi away
Central Decatur Community School District
School · 11.7 mi away
Diagonal Elementary School
Elementary · 13.8 mi away
Cainsville High
Secondary · 14.5 mi away
Cainsville R1 School
School · 14.5 mi away
Ridgeway R-V School District
Secondary · 17.5 mi away
Mount Ayr Community School
Secondary · 18.5 mi away
Mount Ayr Elementary
Elementary · 18.7 mi away
Mormon Trail Junior-Sr High School
Secondary · 20.6 mi away
North Mercer School
Elementary · 20.8 mi away
Princeton R-5 School
Secondary · 22.9 mi away
Princeton R-V School District
School · 22.9 mi away
Princeton R-V Elementary
Elementary · 22.9 mi away
Princeton Elementary School
Elementary · 23.1 mi away
North Central Career Center
Secondary · 24.5 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 318 E Main Street, Lamoni, IA | $800,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Lamoni
Listing Courtesy: Kiloterra - (515) 993-7979